The Goodyear Tire & Rubber Co. recently announced its revolutionary self-regenerating concept tire, reCharge. This concept tire is able to adapt to different driving conditions and change accordingly while meeting a user’s mobility needs. At the core of the reCharge concept is a refillable, biodegradable tread compound. The ability to refill with individual capsules, or cartridges, radically simplifies the process...
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Companies Struggle to Predict How Novel Coronavirus Will Impact Rubber Industry With Uncertainties Hovering Over Western Markets
Around two months have now passed since the novel coronavirus came to be widely reported on in the global media. But unlike in China, where some aspects relating to the virus outbreak are starting to calm down, the world more broadly is seeing the virus continue to spread. Against this backdrop, one player in the field noted concern around how...
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Denka Makes Downward Revision to Business Estimates Amid Sluggish Sales, Coronavirus Outbreak
Denka Co. Ltd. (TYO:4061) recently announced that it has downwardly revised its projected business results for fiscal 2019. Explaining its decision here, Denka noted first that it has seen sluggish sales trends for chloroprene rubber (CR) amid the U.S.–China trade war. The chemical company has also looked to account for the novel coronavirus to some extent, expecting that this will...
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Toyo Tire Relaxes Dress Code, Promoting Individuality, Stress Reduction
Toyo Tire Corp. (TYO:5105) has relaxed its dress code for the approximately 300 employees at its head office in an effort to promote individuality, and plans are to extend the new rules to other locations companywide. The company defines its relaxation of the dress code, which came into effect March 2, as recognizing the autonomy of each individual to select...
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Shimadzu Works to Develop New Test Kit for Novel Coronavirus
Shimadzu Corp. (TYO:7701) has started development efforts on a genetic test kit for the novel coronavirus. As this new test kit skips the conventional step of extracting ribonucleic acid (RNA) from the sample, it will help to reduce labor and time requirements for testing. A manufacturer of testing, measuring and analytical equipment for the likes of the rubber sector, Shimadzu...
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METI Highlights Sumitomo Rubber for Program Promoting Companies With Excellent Health Management
Sumitomo Rubber Industries Ltd. (TYO:5110) has been chosen as part of the 2020 Health and Productivity Stock Selection Program, marking the first time for Sumitomo Rubber to be included in the program. Positions in the program were awarded to companies for having health care regulations that stipulate rules and risk levels around various health diagnoses, as well as for engaging...
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